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Turkey’s mobile operator Turkcell has secured €100 million ($113 million) in sharia-compliant funding from Emirates NBD to accelerate its investment in data centres.
TDC Veri Hizmetleri (TDC is a subsidiary of Turkcell, which is listed on both the Borsa İstanbul and the New York Stock Exchange.
Turkcell’s strategy focuses on building high-capacity, eco-friendly data centres to meet the growing demands of cloud computing, artificial intelligence and big data in the country.
“By diversifying our financing portfolio, TDC can mitigate risks while exploring further partnerships in key markets,” said Kamil Kalyon, CFO at Turkcell.
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